Winchester 54, worth saving?

[S12A]

So I have never come across one of these in Australia but a dealer is advertising this quite cheap. My main concern is the drilled scope mount holes that seem elongated etc.
I have basic skills for restoration but would go to a smith for that.

There’s something about this rifle that just draws me to it and makes me want to save it.
It’s a 22-250 so quite possibly shot out barrel.

Photos of main damage attached:

 

[S12A]

The barrel channel looks like it will accept a reasonably thick profile.
Could be cool as a 30-06 with a decent period scope. Would source the Lyman sight that’s its cut out for too.

I’m not too worried about the chewed up wood under the forend as it’s a bit of character.

 

[pmclaine]

Wow looks like its been Outback in the Outback.

Neat looking rifle.

If you rub some fresh linseed oil into that stock and use paper towel to wipe off the grime I bet there is goodness under there.

Not much you can do about the areas the wallaby chewed on it though.

 

[RTH1800]

Rifle is never going to have much value. If you care to salvage the action it’s only a fair one for building on. It’s OK if you can do the work and use the result.

 

[Ranchhand]

I have no idea about value but that's a neat rifle for a truck gun.